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BFSI

Explore the latest developments, insights, and trends in the BFSI (Banking, Financial Services, and Insurance) sector.

Finance

India plans to introduce e-currency in 2023: Finance Minister

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Nirmala Sitharaman, Minister of Finance and Corporate Affairs of India said India is planning to launch the proposed central bank digital currency (CBDC) in...
Finance

India’s InsurTech funding doubles in last 2 years: Report

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InsurTech funding space in India as well as across the globe is witnessing a strong momentum, delivering a seven-fold growth in the last 5...
Finance

EV maker One Moto collaborates with Royal Sundaram General Insurance

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One Moto India, an electric vehicle maker announced on Tuesday that it has collaborated with Royal Sundaram General Insurance Co Ltd for insurances policies...
Finance

Bajaj Finance reported Rs 2,420 crore consolidated net profit

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Pune-headquartered non-banking financial services company, Baja Finance on Tuesday reported Rs 2,420 crore consolidated net profit in the March quarter, which is the highest...
Banking

Union Bank of India launched SARAS to monitor bad loans

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Union Bank of India has rolled our first-of-its-kind stressed asset recovery automated solution (SARAS) intended to enforce securities, track recoveries as well as improve...
Finance

udaan Capital collaborates with Northern Arc Capital for credit disbursal to 50000 kiranas

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udaan Capital has collaborated with Northern Arc Capital Limited to facilitate credit disbursal to about 50,000 kiranas and small retailers. The company helps such...
Banking

SBI inks deal with TCS for digital transformation

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Tata Consultancy Services (TCS) today informed that it has signed a deal with the State Bank of India to assist in digitalizing and transforming...
Banking

Revised guidelines for credit and debit card issuance released by RBI Bank

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The Reserve Bank of India (RBI) has released the new guidelines for issuing debit and credit cards, effective from July 1, 2022. The new...
Finance

Daily digital transactions worth Rs 20,000 crore done – PM Modi

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Prime Minister Narendra Modi in his monthly radio broadcast ‘Mann ki Baat’ on Sunday said digital transactions worth Rs 20,000 crore are now being...
BFSI

IDBI Bank has revised fixed deposit interest rates

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IDBI Bank has revised its fixed deposit interest rates for amounts below Rs 2 crore, effective from April 20, 2022. With the revised FD...
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